Video Game Streaming Service Playcast Raises $10 Million

Playcast is a cloud-based service that lets you play high-end video games without the need for a console. Playcast has raised $10 million in Series B funding. MK Capital led the round of funding. Playcast previously raised $2 million funding in 2009. Currently Playcast is based in Portugal and they plan on expanding to Asia and Western Europe soon. The funding will be spent on expanding distribution agreements.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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